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Corn Island Shipyard, Inc.

$1,427,100 PPP Loan in Lamar, Indiana

Loan Details

Loan Number
6612367104
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,427,100
Current Approval
$1,427,100
Forgiveness Amount
$1,436,132
Forgiveness Date
Dec 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Corn Island Shipyard, Inc.
Address
Po Box 125
City
Lamar
State
Indiana
ZIP Code
47550
Business Type
Corporation
Industry (NAICS)
Manufacturing (336611)
Business Age
Existing or more than 2 years old
Jobs Reported
72
Estimated Revenue
$18.9M
Rural/Urban
Rural
Congressional District
IN-08

Loan Use Breakdown

Payroll
$1,141,680
Utilities
$85,420
Mortgage Interest
$50,000
Debt Interest
$150,000

Lender Information

Servicing Lender
Liberty Federal Credit Union
Originating Lender
Liberty Federal Credit Union

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